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Marico (NSE:MARICO) Tax Rate % : 19.80% (As of Mar. 2024)


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What is Marico Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Marico's Tax Expense for the three months ended in Mar. 2024 was ₹790 Mil. Marico's Pre-Tax Income for the three months ended in Mar. 2024 was ₹3,990 Mil. Therefore, Marico's Tax Rate % for the quarter that ended in Mar. 2024 was 19.80%.

Marico Tax Rate % Historical Data

The historical data trend for Marico's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marico Tax Rate % Chart

Marico Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.09 21.27 21.61 24.15 22.46

Marico Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.83 23.94 24.37 22.02 19.80

Marico Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Marico's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2024 )/Pre-Tax Income (A: Mar. 2024 )
=4350/19370
=22.46 %

Marico's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=790/3990
=19.80 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Marico Tax Rate % Related Terms

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Marico (NSE:MARICO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Marico Ltd (NSE:MARICO) » Definitions » Tax Rate %
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Traded in Other Exchanges
531642:India
Address
175, CST Road, 7th floor, Grande Palladium, Kalina, Santacruz (East), Mumbai, MH, IND, 400 098
Website
https://www.marico.com
Marico Ltd is an Indian beauty and wellness products company. The company is present in emerging markets across Asia and Africa. The cosmetic product categories are hair care, male grooming, skin care, edible oils, health foods, and fabric care. Locally, Marico sells under brands such as Parachute, Parachute Advansed, Nihar, Nihar Naturals, Saffola, Hair & Care, Livon, Set Wet, Mediker, and Revive. Internationally, the company offers the following brands: Parachute, HairCode, Hercules, Black Chic, Code 10, Fiancee, Caivil, Ingwe, X-Men, and Thuan Phat.

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